Federal Reserve's preferred measure of inflation rose slightly in September
The Federal Reserve tracks inflation using a specific measure that economists watch closely. New data released Thursday showed that inflation went up slightly in September, after it had gone down in August. This measure helps the Federal Reserve make decisions about interest rates and other policies.
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3 sourcesKey inflation gauge heats up thanks to high gas prices — day after Fed hits pause on rate hikes
Inflation ticked up in September, driven largely by rising gas prices, data shows
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